3 ms·
https://wiki.mises.org/wiki/Inflation#Definitions https://wiki.mises.org/wiki/Inflation#Definitions https://en.wikipedia.org/wiki/Inflation#Austrian_view https:
by aww_dang 6y ago
https://wiki.mises.org/wiki/Inflation#Definitions https://wiki.mises.org/wiki/Inflation#Definitions
https://en.wikipedia.org/wiki/Inflation#Austrian_view https://en.wikipedia.org/wiki/Inflation#Austrian_view
https://en.wikipedia.org/wiki/Monetary_inflation https://en.wikipedia.org/wiki/Monetary_inflation
https://blogs.wsj.com/economics/2011/05/13/inflation-definitions-through-the-ages/ https://blogs.wsj.com/economics/2011/05/13/inflation-definit...
"Webster’ American Dictionary of the English Language, published by G&C Merriam Co. in 1864, was the first to formally define inflation as an economic term:
undue expansion or increase, from over-issue; — said of currency."
https://www.clevelandfed.org/en/newsroom-and-events/publications/economic-commentary/economic-commentary-archives/1997-economic-commentaries/ec-19971015-on-the-origin-and-evolution-of-the-word-inflation.aspx https://www.clevelandfed.org/en/newsroom-and-events/publicat...
"its original meaning—a rise in the general price level caused by an imbalance between the quantity of money and trade needs"